May 2004

It is African Partner Trading Company's goal, as the trading arm of Menon Holdings Group and a specialist in steel products, to constitute a strong corporate group that makes a valued contribution not only to end-users and manufacturers but also to the overall development of the steel industry.

Building on our reputation and taking our common strategic interests with our partners, vendors and customers to a new level, as true specialists in the business of steel, we are developing business activities to meet the needs of our end-users. African Partner is devoting every effort to strengthening our business foundations, and working hard to reduce interest-bearing debt and gross assets, we have significantly improved our balance sheet. The Menon Holdings Group of companies will continue to do its utmost to ensure that it is regarded by monetary and capital markets as a financially sound business.

The African Partner Trading Company and Menon Holdings Group of companies will continue to pursue standards, expand business with a focus on the use of environment  friendly products within the group. Through our corporate activities, it is our aim to make a contribution to the realization of a society oriented towards recycling.

We look forward to working with you...


Jayram Menon
Chief Executive
The Menon Holdings Group of Companies